Central Hudson customers will pay an additional $12 and change per month for electric and gas under new rate plans established Thursday by the New York State Public Service Commission.

The "typical" residential electric customer will see a 7.85% increase, or approximately $12.65 per month, while the same residential natural gas customer will pay an approximately 9.19% increase, or about $12.25 a month, according to Central Hudson.

The rates were set for July 1, 2024, to June 30, 2025, and will continue until changed by the commission.

The PSC said it approved $79.3 million in combined electric and gas revenue increase, less than half of the $181 million sought by Central Hudson. It also applied regulatory assets of $13.1 million to the electric revenue requirement and $5.3 million to the gas revenue requirement.

Central Hudson in June agreed to pay at least $62.6 million as part of a settlement with the PSC and an investigation into the company's billing system failures.

The commission said money from the settlement helped to reduce customer rates.

Ulster County Executive Jen Metzger applauded PSC's efforts, but said in a statement that she remained concerned.

“This is a very tough time for our residents, with some 46% of households considered housing cost-burdened, and many just have no slack in their household budget to afford any utility bill increases," said Metzger. "Even with the PSC's significant action to cut the requested rate increase by more than half, the approved rate hike is nonetheless going to add to the cost burden facing low- and moderate-income residents."